Arrow Greentech Limited — Major Shareholding Notification 2020

Sep 30, 2020

ARROW CONVERTORS PRIVATE LIMITED

Redg Off: 159, Mittal Industrial Estate, Sanjay Building No. 5, Marol Naka, Andheri Kurla Road, Andheri (East), Mumbai – 400059 Tel: 022 4074 9000, Fax No . : 022 4074 9099, CIN: U74999MH1990PTC055547

30[th ] September 2020

To Manager (CRD) Manager (CRD) BSE Ltd. (BSE) National Stock Exchange of India Ltd. (NSE ) P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex Mumbai 400 001 Bandra (E), Mumbai - 400051

Ref: Script Code- 516064 Script Code- ARROWGREEN Sub. : Disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011

Dear Sir,

In the captioned subject please find enclosed herewith Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011 in prescribed format.

Kindly take the same on your record and acknowledge the receipt.

Thanking You,

Yours faithfully,

SHILPAN PATEL Digitally signed by SHILPAN PATEL DN: c=IN, o=Personal, postalCode=400053, st=Maharashtra, 2.5.4.20=6cf497d8f6ccd5a0945df3a237ada1bf5c3f019034edba03d28f6f27c953ec24, serialNumber=48a6ea376ae04d80c7f5c12b3b5bf87fd7c820f183cfca1181d8f16cb481b1a6, cn=SHILPAN PATEL Date: 2020.09.30 10:09:19 +05'30'

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Authorized Signatory

Encl: A/a

CC: The Company Secretary ARROW GREENTECH LIMITED

1/F, Laxmi Industrial Estate New Link Road Andheri (West) Mumbai 400053

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Shares and Takeovers) Regulations, 2011
1. Name of the Target Company (TC)	Arrow Greentech Ltd.
2. Name(s) of the acquirer/ seller and	Shilpan Pravin Patel, Jigisha Shilpan
Persons Acting in Concert (PAC)	Patel, Shilpan P Patel-HUF, Rishil S Patel,
with the acquirer	Neil S Patel & M/s. Arrow Convertors
	Private Limited
3. Whether the acquirer/seller	Yes
belongs to Promoter/Promoter
4. Name(s) of the Stock Exchange(s)	BSE Ltd.
where the shares of TC are Listed	NSE Ltd.
5. Details of the	Number	% w.r.t. total	% w.r.t.
acquisition/disposal/holding of		share/votin	total
shares/voting rights/holding of the		g capital	diluted
Acquirer and PAC		wherever	share/vot
		applicable	ingcapital
Before the acquisition/selling under
consideration, holding of:
a) Shares carrying voting rights before
sale -
- M/s Arrow Convertors Pvt. Ltd.	11,96,014	8.49%	-
b)Shares in the nature of encumbrance (
pledge/lien/non-disposal	NIL	NA	NA
undertaking/others)
c) Voting rights (VR) otherwise than	NIL	NA	NA
by shares
d) Warrants/convertible securities/any
other instrument that entitles the	NIL	NA	NA
acquirer to receive shares carrying
voting rights in the T C (specify holding
in each category)
	11,96,014	8.49%	-
e)Total (a+b+c+d)
Details of Sale
a) Shares carrying voting rights sold
by M/s Arrow Convertors Pvt. Ltd.	2,00,000	1.42%	Nil
b) VRs acquired /sold otherwise than
by shares	NIL	NA	NA
c)Warrants/convertible securities/any
other instrument that entitles the acquirer
to receive shares carrying voting rights in	NA	NA	NA
the TC (specify holding in each category)
acquired

d) Shares encumbered/invoked/released
by the acquirer/seller
		NIL	NA	NA
		2,00,000	1.42%	-
e)Total (a+b+c)
After the sale, holding of:
a)Shares carrying voting rights
- M/s Arrow Convertors Pvt. Ltd		9,96,014	7.07%	-
b)Shares encumbered by the
acquirer/seller		NIL	NA	NA
c) VRs otherwise than by shares
d) Warrants/convertible securities/		NIL	NA	NA
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC
(specify holding in each
category)after acquisition.
e)Total (a+ b+ c)		9,96,014	7.07%	-
6. Mode of acquisition / sale (e.g. open		Open Market -Sale
market / off-market / public
issue / rights issue / preferential
allotment / inter-se transfer etc).
7. Date of sale/acquisition / VR or		28.09.2020
date of receipt of intimation of
allotment of shares, whichever is
applicable
8. Equity share capital / total		1,40,87,938 Equity Shares of Rs. 10 each
voting capital of the TC before
the said acquisition / sale
9. Equity share capital/ total		1,40,87,938 Equity Shares of Rs. 10 each
voting capital of the TC after
the said acquisition / sale
10. Total diluted share/voting capital		-
	of the TC after the said acquisition/.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

SHILPAN PATEL Digitally signed by SHILPAN PATEL DN: c=IN, o=Personal, postalCode=400053, st=Maharashtra, 2.5.4.20=6cf497d8f6ccd5a0945df3a237ada1bf5c3f019034edba03d28f6f27c953ec24, serialNumber=48a6ea376ae04d80c7f5c12b3b5bf87fd7c820f183cfca1181d8f16cb481b1a6, cn=SHILPAN PATEL Date: 2020.09.30 10:10:41 +05'30'

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Authorized Signatory

Place: Mumbai Date: 30.09.2020